As part of the
5-year update to the Destination Medical Center (DMC) Development Plan, DMC commissioned HR&A Advisors to perform a scenario analysis of the potential impacts of COVID-19 on the local economy and the DMC Initiative. HR&A presented the results of the study at this webinar, and discussed how COVID-19 may affect Rochester’s jobs, economic activity, and the DMC’s planning and investment strategy.
HR&A is a New York-based economic development and real estate consulting firm with significant experience developing complex economic impact models for local governments and municipalities. Since the start of the pandemic, HR&A has been working with local leaders across the country to quantify the impact of COVID-19 to support local planning and development efforts. HR&A also brings experience working in Rochester and Southeast Minnesota and understands recent regional economic and demographic trends and planning efforts.